TechNavio today published its report Global Encryption Software Market 2010“2014 based on an in-depth study focusing on the Americas, and the EMEA and APAC regions. The report aims to aid decision-makers™ understanding of the current and future landscape of this market.
Commenting on the report, an analyst from TechNavio™s IT Security team said, Previously, companies used to opt for full disc encryption software, which protects unauthorized access to data storage and everything on the disc including programs. This gradually changed when vendors introduced file level encryption solutions. This shifted the focus to an emerging trend of data security. File level encryption offers customized solutions to data security at individual file level, unlike keys for different parts of the disk, and hence can provide improved and secure encryption of individual data at lower cost.
According to the report, with the advent of new technologies in the cyber segment, the quantity and intensity of cyber-attacks are also increasing. This is mainly due to loopholes in security systems installed. Many organizations have basic information security protection, which extends to firewalls and antivirus software. To ensure the highest level of security, enterprises are implementing security throughout the whole information lifecycle phase.
The report also discusses the key challenges for this market including the increase in administrative overhead expenses this solution brings.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-encryption-software-market-2010-2014
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